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Bitcoin/crypto currency and Islam |
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Ceo3 ![]() Groupie ![]() ![]() Joined: 18 September 2016 Status: Offline Points: 80 |
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Thankfully I did not invest in bitcoin as it crushed and hasn't recovered. Also majority of opinion is that is not allowed as it currently stands
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zeenat ![]() Starter. ![]() Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8 |
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According to fatwa, the use of bitcoin and other coins for investment consider haram.
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zeenat ![]() Starter. ![]() Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8 |
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Many Islamic scholars says, Bitcoin/crypto is not legal in Islam.
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zeenat ![]() Starter. ![]() Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8 |
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We not think about the Islam, we just sees cash, it is so wrong as a Muslim.
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zeenat ![]() Starter. ![]() Female islam Joined: 07 March 2022 Location: johar town Status: Offline Points: 8 |
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Cryptocurrency is deemed permissible and halal under Islamic sharia law, and this has unlocked the crypto.
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Overslept ![]() Starter. ![]() ![]() Male islam Joined: 30 August 2022 Location: usa Status: Offline Points: 8 |
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Now bitcoin is also going through a crisis, and it has continued to fall in price for almost a year. In this way, we can say that the cryptocurrency market has lost weight in the global economy and will probably be able to restore it because many investors have already left this project, taking millions of dollars with them. I was lucky that I managed to sell my bitcoins for 60k apiece, and now I plan to increase my capital. And to do this effectively, I'm thinking of hiring a certified financial planner who will tell me where to invest my money and how to work with them.
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wertyhas ![]() Starter. ![]() ![]() Male Islam Joined: 09 August 2021 Location: Canada Status: Offline Points: 7 |
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All digital currencies using a Proof of Stake algorithm are forbidden.
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wadiihindu ![]() Starter. ![]() ![]() canada Joined: 01 September 2022 Location: canada Status: Offline Points: 2 |
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I don't think religion can forbid the use of currency. When Islam was invented, no one would have thought that digital currencies would appear. Most importantly, you spend the income from crypto on good things. I tried to trade cryptocurrency many times but was afraid of taking risks. So I decided to invest crypto as a deposit. On this website https://hodlrate.com/, I found platforms that offer high interest for crypto. This is the most reliable way to earn money on cryptocurrency.
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